Mumbai: Equity mutual fund inflows fell 14.20 per cent to Rs 35,943.49 crore in November from Rs 41,887 crore in October. Data from the Association of Mutual Funds of India (AMFI) showed overall inflows slowed as investment in large-cap and thematic-sector funds slowed. The overall variation in flows into the …
Read More »Business
Balancing inflation and growth important task for RBI: Das
Mumbai: Shaktikanta Das, who retired from the post of Governor of Reserve Bank of India (RBI) today, said while talking to journalists that establishing a balance between inflation and growth will be an important task for the Reserve Bank in future. Addressing his last press conference today after spending six …
Read More »Gold rose to near Rs 80,000 while silver reached Rs 92,000.
Mumbai: Gold and silver prices increased rapidly in Mumbai’s jewelery market today. Market sources say that due to the rise in the global market and the dollar reaching a new peak against the rupee at the domestic level, the import cost of imported gold and silver in the country has …
Read More »Alternative T+0 settlement to be available for top 500 stocks from December 31
Mumbai: Capital markets regulator Securities and Exchange Board of India (SEBI) has decided to provide T+0 i.e. same trading day settlement cycle for settlement for top 500 stocks in the cash market from December 31, 2024. This alternative T plus zero settlement will be made available in shares of the …
Read More »Petrol price reduced in Ahmedabad on Wednesday! know the price
Crude oil prices are continuously fluctuating in the international market. On that basis, the prices of petrol and diesel are decided across the country. However, there has been no change in oil prices at the national level for a long time. Then today i.e. on 11th December 2024, there has …
Read More »Market opens in green, Sensex crosses 81 thousand
36 minutes ago Business The stock market started with a rise on the third day of the week. However, the market opened with slight gains. Then at 9.33, Sensex opened 34.38 points higher at 81,544.43 while Nifty opened with a gain of 20.20 …
Read More »The new RBI Governor faces the triple challenge of growth, inflation and rupee decline.
Sanjay Malhotra will replace Shaktikanta Das as the Governor of the Reserve Bank of India (RBI) with effect from tomorrow, December 11. Then they will have to face the triple challenge of growth, inflation and value of rupee against the dollar. Current Governor Shaktikanta Das is still struggling with these …
Read More »Amazon came up with this plan to compete with Swiggy and Zepto
Amazon Quick Service is a company which has started delivery service in 15 minutes to any market in the world. The company will make 1,000-2,000 products available in this service in Bengaluru. Swiggy and Zepto are soon going to face tough competition in India. Actually, e-commerce company Amazon has decided …
Read More »Egg prices increase by 25% due to increased demand and exports in winter
Recently, due to the rise in vegetable prices, the inflation rate had crossed 6% in October. However, due to increase in arrival of vegetables during winter, their prices are expected to fall. On the contrary, egg prices are rising across the country due to increased winter demand and increasing exports …
Read More »Subscription of Union Mutual Fund’s ‘Union Active Momentum Fund’ will close on December 12.
Union Mutual Fund’s ‘Union Active Momentum Fund’ has brought a special opportunity for investors. This fund was launched on 28th November and its NFO (New Fund Offer) is going to close on 12th December. However, what comes as a relief to investors is that within five business days of allotment …
Read More »